It all started with the now disgraced CEO of GE Jack Welch. He started the offshoring boom to line his pockets and those of other large shareholders.
Other companies quickly followed suit. Our politicians were bought off and America plunged into a series of mini-recessions that some workers were never able to get out of.
Jack and the others who sold America out came up with ever desperate corporate double speak to try to hide what they were really doing.
Wall Street and the media elites ate it up and America was inundated with catchphrases to hide the lie.
But we weren’t stupid – we saw the only new jobs available at Burger King and watched in horror as they added insult to injury and started importing cheaper foreign workers they made us train.
Wealth inequality grew to dangerous levels (for a healthy democracy) and America became more 3rd world – the really rich and everyone else – than first world.
Then the greedy geniuses let China into the WTO. They saw more dollar signs they could skim from hiring basically slave labor in China.
Corporate profits took off while wages went south. The American worker never recovered.
But these morons also allowed China to blackmail them – access to slave labor for your intellectual property.
The clowns in charge didn’t see a problem with this and in a blink of an eye (18 years), China went from a backwater militarily and economically to a real rival to America’s leadership.
In the process, they saddled this country with trillions in debt while they laughed all the way to the bank. It was the single biggest mistake in the history of the world and thankfully Trump just ended it.
Instead of thanking him for saving America, Wall Street and the media elites are whining “the sky is falling… the sky is falling.”
The sky is not falling, this is not a catastrophe unless you are China or a greedy corporate CEO.
From the Daily Caller:
The Trump administration will impose about $60 billion in new trade penalties against China, the first targeted trade measures aimed directly at Chinese “economic aggression.”
“We have a tremendous intellectual property theft situation going on,” President Donald Trump said Thursday, revealing that he has spoken with Chinese leadership about this issue and the “out of control” trade deficit. The U.S. is preparing to take punitive action against China to the tune of tens of billions of dollars.
“This is just a fraction of what we’re talking about,” the president added, announcing that he has asked China to take steps to reduce the trade deficit by $100 billion or more. Trump said the U.S. is having “very large negotiations” with China on trade.
It’s about time.
America is officially back – the real America – not Wall Street and it’s glorious.